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❓ Frequently Asked Questions
Everything you need to know about TradeJournal
What is a trading journal and why do I need one?
A trading journal is a tool to track every trade you make, including entry/exit prices,
profit/loss, strategy used, and emotional state. You need one because traders who journal
improve their win rate by 12% on average within 6 months by identifying patterns and mistakes.
Is TradeJournal free to use?
Yes! TradeJournal is completely free. All features including unlimited trades, analytics,
charts, calendar view, and performance tracking are available at no cost. No credit card
required.
How do I calculate my risk-reward ratio?
Risk-Reward Ratio = (Take Profit - Entry Price) / (Entry Price - Stop Loss). For example, if you
enter at $100, stop loss at $95, and take profit at $115, your R:R is 15/5 = 3:1. TradeJournal
calculates this automatically for every trade.
What is the 2% rule in trading?
The 2% rule means never risking more than 2% of your total trading capital on a single trade. If
you have $10,000, risk maximum $200 per trade. This protects you from account blowouts and
allows you to survive 50 consecutive losses.
Can I use TradeJournal for forex, crypto, and stocks?
Absolutely! TradeJournal supports all markets: forex (EUR/USD, GBP/JPY, etc.), cryptocurrencies
(Bitcoin, Ethereum), stocks, indices, and commodities. You can track any asset you trade.
How does TradeJournal help improve my trading performance?
TradeJournal provides analytics showing your most profitable pairs, best trading times, win rate
trends, risk-reward performance, and emotional patterns. This data helps you identify what works
and eliminate what doesn't.
Is my trading data private and secure?
Yes. All your data is stored locally in your browser using localStorage. We don't store your
trades on any server. You have full control and can export or delete your data anytime.
What's the difference between win rate and risk-reward ratio?
Win rate is the percentage of trades you win (e.g., 60%). Risk-reward ratio is how much you make
vs risk per trade (e.g., 1:3). A 40% win rate with 1:3 R:R is more profitable than 70% win rate
with 1:1 R:R due to expectancy mathematics.
Can I share my trading journal with others?
Yes! TradeJournal has a snapshot feature that creates a shareable link of your performance. You
can share this with mentors, friends, or on social media without revealing sensitive account
details.
Do I need to download or install anything?
No installation required! TradeJournal is a web application that works directly in your browser.
Just visit the website and start tracking immediately. It works on desktop, tablet, and mobile
devices.
Still Have Questions?
Start using TradeJournal today and see how it transforms your trading!
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